Abu Dhabi Securities Exchange, BSE sign MoU for collaboration

Within the framework of the agreement, the two parties will seek, among other things, to promote the visibility of the Hungarian and UAE capital markets by organising joint events

- 

The Abu Dhabi Securities Exchange (ADX), one of the fastest-growing and leading exchanges in the Middle East, and the Budapest Stock Exchange (BSE), the second-largest exchange in Central and Eastern Europe, signed a Memorandum of Understanding (MoU) to collaborate on a number of key initiatives.

The signing took place on the sidelines of the state visit of President His Highness Sheikh Mohamed Bin Zayed Al Nahyan, to Hungary. The signing ceremony took place at the offices of the BSE in the presence of Saud Hamad Al Shamsi, UAE Ambassador to Hungary.

The MoU sets out to deepen relations between the two countries' capital markets and share best practices. The agreement also marks another important step in the BSE's efforts to build international relations, including in the Middle East. The development dovetails well with ADX's ongoing efforts and initiatives to strengthen relationships with leading global financial institutions.

Within the framework of the agreement, the two parties will seek, among other things, to promote the visibility of the Hungarian and UAE capital markets by organising joint events such as investor roadshows, seminars and educational programs.